| Officers and Professional Advisers |
Officers and Professional Advisers |
|||||
|---|---|---|---|---|---|---|
| The Trustees' Report (including Directors' |
Report) | |||||
| Independent Auditor's |
Report to the Trustees | |||||
| Statement of Financial | Activities | (including | Income and Expenditure | Account) | ||
| Balance Sheet | 10 | |||||
| Notes to the Financial | Statements |
| Unrestricted | Restricted | Year Ended | Year Ended | |||
|---|---|---|---|---|---|---|
| Fund | Fund | 30/09/2022 | 30/09/2021 | |||
| f | f | f | f | |||
| INCOME AND EXPENDITURE | ||||||
| Income | ||||||
| Investment income |
166 | 166 | 1,686 | |||
| Income from charitable | activities | 455,001 | 455,001 | 415,727 | ||
| Miscellaneous income |
378 | 378 | 250 | |||
| Total Income | 455,545 | 455,545 | 417,663 | |||
| Expenditure | ||||||
| Charitable activities |
395,402 | 7,776 | 403,178 | 398,050 | ||
| Total Expenditure | 366462 | 7,776 | 403,178 | 398,050 | ||
| Net Income/(Expenditure) | for the | |||||
| Year Before Other Recognised | ||||||
| Gains and Losses | 60,143 | (7,776) | 52,367 | 19,613 | ||
| Transfers between funds |
||||||
| Unrealised (losses) on |
investments | 43,303 | 43,303 | |||
| Net movement in funds |
16,840 | (7,776) | 9,064 | 19,613 | ||
| Fund balances brought |
forward | |||||
| at 1 October 2021 | 1,692,924 | 84,448 | 1,777,372 | 1,757,759 | ||
| Fund balances carried | forward at | |||||
| 30September 2022 | 1,709,764 | 76,672 | 1 766,436 | 1,777,372 |
| YEAR ENDED | 30SEP | TEMBER2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| Note | 2022 | 2021 | ||||||
| 6 | 6 | 6 | ||||||
| FIXEDASSETS | ||||||||
| Housing properties |
13 | 1,640,172 | 1,689,393 | |||||
| Less: Housing Association |
grant | 13 | ~997 667 | ~991,667 | ||||
| 648,505 | 697,726 | |||||||
| Other fixed assets | 14 | 236,896 | 252,148 | |||||
| Investments | 15 | 456,697 | ||||||
| 1,342,098 | 949,874 | |||||||
| CURRENT ASSETS | ||||||||
| Debtors | 16 | 7,308 | 11,134 | |||||
| Cash at bank and | in hand | 463,116 | 844,053 | |||||
| 470,424 | 855,187 | |||||||
| CREDITORS: Amounts | falling due | |||||||
| within one year | 17 | 26,086 | 27,689 | |||||
| NET CURRENT ASSETS | 444,338 | 827,498 | ||||||
| TOTAL ASSETS | LESSCURRENT LIABILTIES | 1,786,436 | 1,777,372 | |||||
| THE FUNDS OF THE CHARITY | 18 | |||||||
| Unrestricted fund |
1,709,764 | 1,692,924 | ||||||
| Restricted Fund |
76,672 | 84,448 | ||||||
| 1 786 436 | 1,777,372 |
| Improvements to Property |
4% per annum | straight | line | |
|---|---|---|---|---|
| Freehold Buildings |
4% per annum | straight | line | |
| Fixtures and Fittings | f5% per annum | on the | reducing | balance |
| Computer Equipment |
25% per annum | straight | line |
| INCOME | FROM C | HARITABLE ACTIVITIES | ||
|---|---|---|---|---|
| Total Funds | Total Funds | |||
| 2022 | 2021 | |||
| f | f | |||
| Gross rent receivable Less: Losses from voids |
477,419 (22,418) |
475,242 ~59,5I 5) |
||
| 455,001 | 415,727 | |||
| Units at | Units at | |||
| Units in management | 30/09/2022 | 30/09/2021 | ||
| Supported | housing | for older people | 33 | 33 |
| 4. | MISCELLANEOUS INCOME |
MISCELLANEOUS INCOME |
MISCELLANEOUS INCOME |
MISCELLANEOUS INCOME |
MISCELLANEOUS INCOME |
||
|---|---|---|---|---|---|---|---|
| Total Funds | Total Funds | ||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Miscellaneous | income | 378 | 250 | ||||
| 378 | 250 | ||||||
| In 2021 and 2022 all categories of income were wholly unrestricted, | |||||||
| 5. | INTEREST RECEIVABLE | AND SIMILAR INCOME | |||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Bank interest | receivable | 166 | 1,686 | ||||
| 6. | CHARITABLE | ACTIVITIES | |||||
| Total Funds | Total Funds | ||||||
| 2022 | 2021 | ||||||
| f | |||||||
| Care and catering employee costs | 145,625 | 142,114 | |||||
| Employers Nl |
contributions | 4,870 | 5,439 | ||||
| Total pension | costs | 2,790 | 2,923 | ||||
| Rates and water | 13,267 | 11,742 | |||||
| Light and heat | 30,728 | 31,059 | |||||
| Repairs and | maintenance | 49,174 | 63,092 | ||||
| Food and other | household | costs | 44,154 | 37,473 | |||
| Telephone | 4,195 | 2,974 | |||||
| Printing, stationery and advertising Miscellaneous expenses |
1,807 2,417 |
802 2,938 |
|||||
| Insurance | 10,846 | 9,555 | |||||
| Depreciation | 64,473 | 65,714 | |||||
| Bank charges | and interest | 495 | 403 | ||||
| Governance | costs (see note 7) | 28,337 | 21,822 | ||||
| 403,178 | 398,050 | ||||||
| 7. | GOVERNANCE | COSTS | |||||
| Total Funds | Total Funds | ||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Audit and other | services | 8,745 | 8,446 | ||||
| Legal and professional | 11,106 | 6,915 | |||||
| Affiliation fee | 8486 | 6,461 | |||||
| 28,337 | 21,822 |
| Operating surplus is stated after charging/(crediting): |
Operating surplus is stated after charging/(crediting): |
|||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 9 | 9 | |||
| Depreciation | 64,473 | 65,714 | ||
| Auditors remuneration |
8,400 | 8,400 | ||
| 9. | AUDITORS REMUNERATION | |||
| 2022 | 2021 | |||
| 9 | 8 | |||
| Fees payable to auditor for audit of the annual | accounts | 8,400 | 8,400 | |
| Fees payable to auditor for other services | 345 | 45 |
| EMPL | OYEE INFORMATION | ||
|---|---|---|---|
| 2022 | 2021 | ||
| f | |||
| Wages | and salaries | 145,625 | 142,114 |
| Social | security costs | 4,870 | 5,439 |
| Other | pension costs | 2,790 | 2,923 |
| 153,285 | 150,476 |
| Office | |||
|---|---|---|---|
| Wardens, | caretakers | and | cleaners |
| 2022 | 2021 |
|---|---|
| 10 | 10 |
| COST | ||
|---|---|---|
| At 1 October 2021 | 2,300,186 | |
| Additions | ||
| Housing Association |
grant | (991,667) |
| Disposals | ||
| At 30September 2022 | 1,308,519 | |
| DEPRECIATION | ||
| At 1 October 2021 | 610,793 | |
| Charge for the year | 49,221 | |
| At 30September 2022 | 660,014 | |
| NET BOOK VALUE | ||
| At 30 September 2022 | 648,505 | |
| At 30September 2021 | 697726 |
| Housing | properties | book value, net ofgrant and depreciation | comprise: | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| 8 | 8 | |||
| Freehold | land and buildings | 648,505 | 697726 |
| OTHER TANGIBLE FIXED | ASSETS | ||||||
|---|---|---|---|---|---|---|---|
| Computer | Improvements | Fixtures 8 | |||||
| Equipment | f | to Property f |
Fittings f |
Total f |
|||
| COST | |||||||
| At 1 October 2021 | 1,273 | 235,920 | 148,541 | 385,734 | |||
| Additions | |||||||
| Disposals | |||||||
| At 30September 2022 | 1,273 | 235,920 | 148,541 | 385,734 | |||
| DEPRECIATION | |||||||
| At 1 October 2021 | 1,185 | 22,041 | 110,360 | 133,586 | |||
| Charge for the year | 88 | 9,437 | 5,727 | 15,252 | |||
| Depreciation on disposal |
|||||||
| At 30September 2022 | 1,273 | 31,478 | 116087 | 148,838 | |||
| NET BOOK VALUE | |||||||
| At 30September 2022 | 204,442 | 32,454 | 236,896 | ||||
| At 30September 2021 | 88 | 213,879 | 38,181 | 252,148 | |||
| FIXEDASSET INVESTMENTS | |||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Market value at 1 October 2021 | |||||||
| Additions | 500,000 | ||||||
| Disposal proceeds Net investment gains/(losses) |
~43.333 | ||||||
| Market value at 30September | 2022 | 456,697 | |||||
| Historical cost - original | 500,000 | ||||||
| investments at market value comprised: |
2022 f |
2021 f |
|||||
| AJ Bell Investcentre General |
Investment | Account | 456,697 |
| DEBTORS | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 8 | 8 | ||||
| Trade debtors | 35 | ||||
| Prepayments | and accrued | income | 6,252 | 10,823 | |
| Sundry debtors | 5 056 | 276 | |||
| 7306 | 11,134 | ||||
| CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||||
| 8 | 8 | ||||
| 1rade creditors | 6,817 | 12,536 | |||
| Other taxation | and social | security | 1,323 | 2,106 | |
| Other creditors | 1,366 | 1,126 | |||
| Accruals and deferred |
income | 16,580 | 11,921 | ||
| 26,086 | 27,689 |
| Brought | Income | Expenditure | Transfers | Unrealised | Carried | |||
|---|---|---|---|---|---|---|---|---|
| Forward | In/Out | Loss | Forward | |||||
| 8 | 8 | 8 | 8 | 8 | ||||
| Restricted | fund | 84,448 | 7,776 | 76,672 | ||||
| Unrestricted | fund | 1,692,924 | 455,545 | 395,402 | 43,303 | 1,709,764 |
| inal bala | nces at 30September 2022 are | represented by:- |
||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | ||
| 6 | 6 | 6 | ||
| Tangible | Fixed Assets | 1,265,426 | 76,672 | 1,342,096 |
| Current Current |
Assets Liabilities |
470,424 ~26,086 |
470,424 ~26086 |
|
| 1 706764 | 76,672 | 1,786,436 |